Running parallel to J.P. Rizal Avenue, Kalayaan Avenue is known as one of Makati City’s major routes. But in recent years, the influx of real estate projects in the area is rapidly changing its reputation to become an underrated real estate hotspot.
We count the reasons why you should be more excited to see Kalayaan Avenue in the near future:
1. It’s emerging as an extension of Makati CBD.
When one mentions “Makati CBD,” people won’t just refer to Ayala Avenue anymore, thanks to the rapid pace of development happening at Kalayaan Avenue. Kalayaan Avenue is now home to new real estate developments that integrate residential, retail, and office spaces with leisure establishments.
One notable development in this hot location is Picar Place, a luxurious 1.3-hectare lifestyle destination. Positioned to be THE latest go-to place for dining, entertainment and concept establishments like Buddha Bar Manila, it will be the home to the five (5)-star, 70-storey Movenpick Hotel. This hotel, which is a property branded under the Swiss hotel and recreation group, is pegged to have 18 floors full of hotel suites and 46 floors of serviced apartment units.
2. It’s sparking an urban transformation.
Kalayaan Avenue’s neighboring areas, Makati Avenue and P. Burgos Street, are more known for its budget hotels, pubs, and (sometimes raunchy) nightclubs popular among locals and tourists, resulting in the area’s very colorful reputation.
However, the ongoing modernization of Kalayaan Avenue has spilled over to these areas, causing developments to slowly adopt to the chic and cosmopolitan spirit of a masterplanned city.
3. It’s changing the city’s skyline.
Kalayaan Avenue is set to change Makati’s skyline with the luxurious Stratford Residences. At 312 meters, it will be the tallest residential building in the country upon its completion.
The 74-storey property redefines high-rise urban living in Makati by incorporating state-of-the-art living solutions into 1,136 fully furnished residential studio, two-bedroom, three-bedroom and penthouse units.
4. It’s making the Makati lifestyle more accessible to young urbanites.
People searching for residential properties in Makati often overlook Kalayaan Avenue. What many don’t realize is that investing properties in underrated locations like Kalayaan Avenue often offer high property returns within the next few years.
With the construction work and upgrades in full swing, the wide range of residential options in Kalayaan Avenue is making the Makati lifestyle more accessible to young professionals. A lot of 20 and 30-somethings have moved to the area to enjoy the live-work-play lifestyle. They can now just walk to and from their offices instead of enduring a long commute. The trendiest shopping centers, restaurants, bars, and cultural centers are all just a few minutes away.
Take a 360-degree virtual tour of Stratford Residences here.
*Header image from Wikimedia Commons
